[CPProt.net] U.S. explorers to mine alpine lake for Nazi loot

[MSN CPPnet (Ton Cremers)]

U.S. explorers to mine alpine lake for Nazi loot 
- Patti McCracken
Sunday, August 14, 2005 

 

Alfred Egner drowned. 

He was just a workhorse, really, a 19-year-old boy from Munich, hired by a
couple of former SS officers in 1963 to dive down to the murky bottoms of
Austria's Lake Toplitz and resurface with fistfuls of treasures secreted
away in this alpine paradise. 

It wasn't his first dive in Lake Toplitz, but he may have gotten tangled in
some of the hundreds of logs that line the bottom, or something may have
gone wrong with his equipment. 

Regardless, he never retrieved what the two men were most likely looking
for: secret codes to Swiss bank accounts, which had been sealed in
waterproof tubes and dumped into the lake by Nazis at the end of the war. 

The Nazis used Lake Toplitz as a vast, submerged cellar, warehousing
millions of dollars' worth of stolen art, gold and jewels, among other
things. 

This exceptionally beautiful region of Austria, known as Steiermark, is in
the heart of the alpine forest, and Hitler and his men thought it a perfect
retreat from Allied soldiers, a place in which to hide out and regroup, free
from enemy bombers. And also a great place to bury booty. 

Egner was not the first to go looking for it. Others started diving for
treasure just after the war ended, having seen military trucks dump in crate
after crate of mysterious goodies for months and months. The Nazis
eventually commissioned locals to do the deed, bringing the crates by
oxcart, transports which occurred more and more frequently in the frantic
last days of the war. 

Two news organizations -- Germany's Stern magazine in the 1950s and CBS News
in 2000 -- sent treasure hunters to delve the depths of Lake Toplitz. 

Over the years, much has been recovered, including millions of counterfeit
British and American currency, as well as the press that minted them. But
some say most of what was dumped in Toplitz is still in Toplitz, and so
divers still go down searching for their pots of gold. 

However, environmentalists are concerned about the ecological effects the
dives are having on the region. "There is a hazard for the lake if there are
too many explorations," says Bernhard Schragle, a spokesman for the
Bundesforste AG, Austria's forestry service. 

As an alpine lake, Toplitz holds a precious balance of freshwater on the top
and saltwater on the bottom. Between the two layers are ancient logs, so any
disturbance to the logs releases salt water and threatens the ecosystem. 

"For the last few years, there have been many 'black' (illegal) divers, who
dive without permission. We don't see them, we just see what they leave
behind," says Schragle. 

Hoping to remove the mystery and therefore dissuade future divers, the
Bundesforste hired a professional exploration team to examine Lake Toplitz
and resurface the treasures that have been lost there. 

Global Explorations, based in Gainesville, Fla., will spend the next three
years mapping the lake using global positioning satellites, and then
exploring spots targeted specifically by the map. 

Norman Scott, the founder of Global Explorations, and his team plan to use
small machines and unpeopled submarines, which will allow explorers to spend
significantly greater lengths of time underwater, as well as limit any
potential harm to the lake. 

American investors are backing the project, which may cost up to $4 million.
Under Austrian law, the profit from recovered materials will be divided
between the Austrian government and Global Explorations, with a portion
going to the Jewish Federation. 

If ownership can be determined, the Austrian government forfeits profit to
the heirs, who will then negotiate fees solely with Global Explorations. 

As the war neared its end, this so-called Alpine Fortress was a chaotic hive
of activity. Retreating Nazis had fled to what they thought was a safe zone,
with wild designs to construct the "Fourth Reich" from this camp. 

Meanwhile, resistance fighters remained pocketed in the surrounding forests.
All the while, more and more valuables were being lowered in crates
(allegedly built to be easily resurfaced), into Lake Toplitz, most of it
stolen from European museums and libraries. 

Among the art and archives was gold from the Romanian church and drugs (the
Slovak prime minister brought nearly 300 pounds of morphine to be secured
from the reach of Allied hands). Then there was the counterfeit money, which
was to be used primarily to collapse the British economy, left in what was
to become one of Austria's greatest modern mysteries, its own Loch Ness. 

Not all believe the lake's floor is lined with treasures. But Scott says
he's going for the gold. "We're going after the $150 million that was dumped
there, the excess counterfeit money and the sealed tubes" (containing Swiss
bank codes), he says. 

Patti McCracken is a freelance writer based in Austria. Contact us at
insight at sfchronicle.com.